Dec 28, 2012 1:00pm PST
to get a reality check from stephen moore, a member of the wall street editorial board and author of "who's the fairest of them all?" . stephen, we have spent six month talking about this can't happen we can't go off the fiscal cliff. we've got to meet this deadline and now they are saying, it's not that bad. which is it? >> look, i don't think it's the end of the world and i think it would get resolved in the weeks ahead but it's a black eye for our whole political system. think about this. here we are two or three days away from the start of the year without any american business or investor or workerer knowing what the payroll tax is going to be, income tax is going to be, i mean, this just isn't a very good way to run a country and it's almost like banana republic politics. >> my dad used to say, no way to run a railroad. let's talk about a couple of things. this whole idea that tax rates on everyone will go up. does the irs, does the treasury department have the ability to sort of say, look, here's some guidance. keep withholding where it is? >> the irs is in turmoil right now. they
Dec 24, 2012 4:00am PST
, the jacksonville jaguars will scoop him up next year. >>> ashton kutcher filed divorce papers, but demi moore is holding off on signing them. tmz says moore is ready to get divorced, but holding out for a big divorce settlement. the "two and a half men" co-star has had a successful career and made a fortune investing in technology companies. kutcher cited irreconcilable differences when he filed for divorce from moore. >>> think beautiful people have no problems? listen to this. a woman was fired for being "irresistible." now she's talking. melissa nelson was fired because her boss and his wife felt she was a threat to their marriage. she was a dental assistant. the iowa supreme court ruled that it was legal. she spoke to don lemon yesterday. >> i don't think it's fair. i don't think it's right. the last couple of days have just been an emotional roller coaster. i'm trying to stay strong. >> i don't even know what to say about that, alina. >> the back story, apparently they were exchanging text messages outside of work, the wife got wind of the in late 2009. and in early 2010, she was fired.
Dec 28, 2012 4:00pm PST
. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. would this scaled-down proposal save us from economic disaster? >> we've done a tremendous amount of damage to ourselves, embarrassing ourselves around the world. assuring investors we're as risky as standard & poor's thought we were when they reduced our credit rating. it would be great if we could avoid sharp credit risks. restoring the unemployment insurance benefits is really important because you have millions of people who are depending on this for income. and they're going to spend that money if you give it to them and that's what the economy needs. >> absolutely right. >> wait, hold on. let me say something. that outlines that deal that y